Osisko Gold Royalties Ltd (TSE:OR) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Osisko Gold Royalties Ltd (TSE:OR) have received an average rating of “Moderate Buy” from the six analysts that are covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is C$41.17.

OR has been the topic of several research reports. Raymond James Financial upgraded shares of Osisko Gold Royalties from a “hold” rating to a “moderate buy” rating in a research note on Thursday, November 6th. Scotiabank cut shares of Osisko Gold Royalties from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 23rd. Canaccord Genuity Group upgraded shares of Osisko Gold Royalties from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 22nd. Finally, Jefferies Financial Group cut shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating and set a C$40.00 target price on the stock. in a report on Sunday, October 5th.

Osisko Gold Royalties Stock Performance

Shares of TSE OR opened at C$47.78 on Friday. The company has a current ratio of 4.40, a quick ratio of 0.98 and a debt-to-equity ratio of 5.29. The company has a market capitalization of C$8.99 billion, a P/E ratio of 61.26, a P/E/G ratio of 1.31 and a beta of 1.28. Osisko Gold Royalties has a 12 month low of C$25.35 and a 12 month high of C$58.84. The stock has a 50 day moving average of C$49.01 and a 200-day moving average of C$43.13.

Osisko Gold Royalties Company Profile

Osisko is an intermediate precious metal royalty company focused on the Americas that commenced activities in June 2014. Osisko holds a North American focused portfolio of over 175 royalties, streams and precious metal offtakes. Osisko’s portfolio is anchored by its cornerstone asset, a 5% net smelter return royalty on the Canadian Malartic mine, which is the largest gold mine in Canada.